The following interest rate change is effective for Step Up loans reserved on or after May 3, 2021:
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Conventional – Freddie Mac 80% AMI and Under to 3.25% from 3.375%
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Conventional – Freddie Mac Over 80% AMI to 3.625% from 3.75%
If you have any questions about this information, please contact Lisa Treece at ltreece@ahfa.com.